Articles by Eric Auchard

Cyber Criminals or State-Backed Hackers? It’s Getting Harder to Tell…

Veteran espionage researcher Jon DiMaggio was hot on the trail three months ago of what on the face of it looked like a menacing new industrial espionage attack by Russian cyber spies. All the hallmarks were there: targeted phishing emails …

‘Flying Taxi’ Successfully Tested in Germany by Start-Up Lilium Jet

A Bavarian start-up is developing a five-seat “flying taxi” after successful test flights over Germany of a smaller version of the electric jet, the company said on Thursday. Munich-based Lilium, backed by investors who include Skype co-founder Niklas Zennstrom, said …

Security Weaknesses Found at Smartphone-Only, Fintech-Startup N26

German fintech company N26, which made its name mocking traditional banks, has found itself on the receiving end of criticism after a security researcher proved its smartphone apps exposed users to potential account hijacking. N26, previously known as Number26, has …

Major Travel Booking Systems Vulnerable to Hackers: Researchers

Major travel booking systems lack a proper way to authenticate air travelers, making it easy to hack the short code used on many boarding passes to alter flight details or steal sensitive personal data, security researchers warned on Tuesday. Passenger …

ThyssenKrupp’s Trade Secrets Targeted in ‘Massive’ Cyber Attack

Technical trade secrets were stolen from the steel production and manufacturing plant design divisions of ThyssenKrupp AG in cyber attacks earlier this year, the German company said on Thursday. ThyssenKrupp, one of the world’s largest steel makers, said it had …

FinTech Startup, ‘Number26,’ Grows in Europe, Offering Banking, Insurance

Smartphone-only bank Number26 is now offering its services in 17 countries in the euro zone, expanding from a smaller core of European markets it entered a year ago, it said on Tuesday. The Berlin-based company is backed by Li Ka-shing, …

Some Sage Customers Open to Data Breaches Because of Their Own Lax Security

Sage Group, already hit by an insider data breach this week, then found itself racing to shut down security lapses by more than 20 customers after a U.S. researcher uncovered stores of their corporate data exposed online. The British financial …

VW’s Keyless Entry Systems Vulnerable to Hacking: European Researchers

Tens of millions of vehicles sold by Volkswagen AG over the past 20 years, and some current models, are vulnerable to theft because keyless entry systems can be hacked using cheap technical devices, according to European researchers. Computer security experts …

New Spyware Targeting Companies Across the Globe

A previously unknown hacking group variously dubbed “Strider” or “ProjectSauron” has carried out cyber-espionage attacks against select targets in Russia, China, Iran, Sweden, Belgium and Rwanda, security researchers said on Monday. The group, which has been active since at least …

EU Guidelines Seek to Limit Crackdown on Uber, Airbnb

European Union governments should not ban services like home-rental site Airbnb or ride-hailing app Uber except as a last resort, the EU says in new guidelines, seeking to rein in a crackdown on the “sharing economy.” In guidelines seen by …